Coverage of Alberta Central’s Chief Economist in the media continues, with several online news sites quoting him recently on topics such as the rate of inflation and risk of further rate hikes, increased amount of insolvencies in recent months and the state of the housing market and its impact on inflation and affordability.
He also spoke recently to the CBC about the economic record of Rachel Notley, stating that the swirl about how her party handled the economy may not be 100% accurate based on the economic data.
It doesn’t matter which party formed the government. Considering the shock we had with the decline in oil prices, we would have had a recession anyway,” said St-Arnaud. “The economy contracted by 3.5 per cent in both 2015 and 2016, so a decent decline in economic activity and of course led to big job losses.”
Click on the link above to learn more!